Newington Forest (over 1800 homes) is the largest subdivision in Springfield. Since construction began in the 70's and was completed in the 80's there are numerous features not to be found in many newer subdivisions.
- Detached homes with large lots,
- Town homes with grassy central areas for separation
- Extensive amount of treed common area
- Close-in convenience
Transportation is a key component of the popularity of Newington Forest
Convenience to Services and Recreation
- SOUTH RUN REC CENTER is approximately 15 minutes away.
- BURKE LAKE PARK is also within 15 minutes
- Neighborhood shopping centers within 15 minutes include Huntsman Square, Saratoga Center, Gunston Plaza and Lorton Station Center
This market report uses the list price that was in effect when the home received an offer. It is really of no value to calculate any sales price differential using the price the home was listed at originally. If the original list price was the correct list price it would have been unnecessary to continually lower the price.
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NEWINGTON FOREST TOWN HOME MARKET REPORT
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**** HOMES FOR SALE ****
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There are 11 homes available at an average asking price of $239,336
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**** HOMES SOLD AND SETTLED ****
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YEAR-TO-DATE 2008 AS OF 10/21/2008 VERSUS TOTAL 2007
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2007
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2008
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+/- %
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Number of Homes
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37
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42
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NA
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Average List Price
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334,529
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240,711
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-28%
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Average Sales Price
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330,791
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232,362
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-30%
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Seller Contribution
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- 8,617
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- 4,501
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-48%
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Net Sales Price
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322,174
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227,861
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-29%
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Prepared By Art Kruschka
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There are two primary questions you need to ask to determine the qualifications of the Realtor® you select to market your property.
- How many ""down" markets have you worked in as a Realtor®?
- How many real estate transactions have you completed in my community?
Anybody can sell a house when people are knocking on your door to buy one.
It takes experience gained from marketing homes in the four "down markets" my wife and I have worked in to assist you in establishing a list price that won't have to be continually adjusted until a purchaser decides that your property is competitively priced.
If you are planning to sell your Newington Forest home contact Karen and Art by Email or call us at 703-562-1532. Put our record of customer service, real estate experience and state-of-the-art technology to work for you in Alexandria, Arlington County, Fairfax County, Prince William County, Stafford County or the entire Northern Virginia Area.
;)
;)
